Blog - The Purbottar

13 Dec

Vodafone Idea share price increase 5% from intraday low; can it rise further?

Priyanka RoyBusiness, News

Vodafone Idea share price witnessed a sharp surge during intraday trading on Friday, December 13, rising as much as 5 per cent from an intraday low of ₹7.68 despite a volatile market environment. Vodafone Idea share price opened at ₹7.83 against its previous close of ₹7.87 and fell over 2 per cent to hit ₹7.68 levels. However, the telecom stock recovered sharply and touched ₹8.07 levels. Around 1 pm, the stock was trading 2.4 per cent higher at ₹8.06. Vodafone Idea NewsVodafone Idea shares surged after the company revealed details of an investor presentation that highlighted four key strategies for…

13 Dec

Bryan Adams’ sold-out performance in Gurugram electrifies the city

Banasree SarkarNorth EastBryan Adams

Following a spectacular performance in Shillong, Meghalaya, on December 10, when fans referred to it as the "concert of a lifetime" and remarked, "you had to be there," rock legend Bryan Adams returned to Gurugram with the same fervor and intensity. At the third stop of his 'So Happy It Hurts' India Tour, Adams wowed a sold-out crowd of 15,000 fans at the Backyard Sports Club. The 65-year-old performer combined classic hits with songs from his most recent album to create an amazing evening during his nearly two-hour concert in Gurugram. Adams began with "Kick-Ass" from So Happy It Hurts…

13 Dec

SWITCH Mobility launches new electric city buses in India and Europe, paves way for sustainable urban transport

Business BureauBusiness

SWITCH Mobility Ltd, subsidiary of Ashok Leyland and part of the Hinduja Group, and a leading manufacturer of electric buses and light commercial vehicles, has unveiled its contemporary electric bus platform SWITCH EiV12—the low-floor electric city bus for the Indian market. It is India’s first low-floor city bus with chassis-mounted batteries, featuring a scalable battery capacity of over 400+ kWh. The vehicle was launched by Shri Nitin Gadkari, Hon’ble Minister for Minister of Road Transport and Highways of India, in the presence of Ashok P. Hinduja, Chairman of Hinduja Group Companies (India), other dignitaries, and industry leaders. Mr. Ashok P.…

13 Dec

Assam CM urges stronger coordination between states to tackle border infiltration

Sonakshi SarkarAssam

Assam Chief Minister Himanta Biswa Sarma has sharply criticized the West Bengal government for its perceived leniency in addressing border infiltration. Speaking to reporters, Sarma identified West Bengal as a "weak link" in the broader effort to combat illegal entry into the country. "The weak link in our campaign against infiltrators is the West Bengal government," Sarma remarked. "We apprehend six to seven illegal infiltrators daily in Assam, as evident from my social media updates. However, unless infiltration is curbed in West Bengal, the problem will persist and spread nationwide." Highlighting the pressing need for a nationwide implementation of the…

13 Dec

Sikkim High Court hears PIL against stake sale in Sikkim Urja Ltd.

Sonakshi SarkarSikkim

The Sikkim High Court is hearing a Public Interest Litigation (PIL) challenging the state government’s controversial decision to sell a 60.08% majority stake in Sikkim Urja Limited to Greenko Enterprises Pvt. Ltd. The PIL, filed by MK Subba, raises serious concerns about financial transparency and environmental accountability.The petition targets the February 2024 cabinet decision, alleging procedural lapses, including the absence of statutory audits and failure to conduct a post-disaster impact assessment following the devastating Glacial Lake Outburst Flood (GLOF) in October 2024. Key legal arguments include potential violations of the Companies Act, 2013, which mandates thorough audits for public sector…

13 Dec

Vi Business revolutionizes corporate telecom services with Easy+ for personaluse

Business BureauBusiness

Vi Business, the enterprise arm of the leading telecom operator Vodafone Idea (Vi), has launched Easy+, a new innovative proposition on corporate post-paid plans, offering subscribers an option to select and purchase services like International roaming, OTT Subscriptions and others for their personal needs on their existing corporate plans. This service can be availed by downloading the Vi App. This first-of-its-kind proposition introduces a simplified approach by making it seamless for employees to purchase services of their choice on their corporate post-paid plans, thus enhancing the overall customer experience. Commenting on the launch, Roerich Kaushal, Executive Vice President, Enterprise Mobility…

12 Dec

Credit card defaults have upgrade by 110 basis points, the study said

Priyanka RoyBusiness, News

RBI data shows that the number of credit cards issued by banks has also increased sharply to 10.61 crore by September 2024 from 9.3 crore in September 2023, 7.36 crore in March 2022 and 6.20 crore in March 2021.Credit card repayment defaults are on the rise, reflecting growing stress and debt burden among customers. Credit card repayment defaults or portfolio risk (PAR) in banking parlance for credit cards with 91-180 days past due (DPD) have increased by 110 basis points to 7.6 per cent by June 2024 from 6.5 per cent in June 2023, a study said.This means that defaults…

12 Dec

Nissan announces Abhishek Arora as director for DND-CQT & Transformation

Business BureauBusiness

Nissan Motor India (NMIPL) has announced the appointment and role expansion of Abhishek Arora as Director - Dealer Network Development and Customer Quality Training (DND-CQT), in addition to his current role as Director - Transformation & New Projects, effective from 14 November 2024. In his new role, Abhishek will lead the brand’s channel development and management, driving strategic initiatives linked to network development and business to ensure Nissan is future-ready for the upcoming products. Abhishek had joined Nissan in September 2024 as Director - Transformation and New Projects and was given interim charge of Director - DNDCQT in October 2024.…

12 Dec

Heroin is seized by Assam Police STF; drug dealer arrested

Banasree SarkarAssamAssam STF

In the Betkuchi neighborhood of Guwahati, the Special Task Force (STF) of the Assam Police apprehended a narcotics dealer and seized 239 grams of heroin. Nurul Haque, 45, of the Dholai neighborhood in the Cachar district, has been identified as the person who was arrested. According to Pranab Jyoti Goswami "During the search, the STF team recovered and seized 19 soap boxes containing heroin weighing 239.5 grams and one mobile phone from the possession of the person." The necessary legal procedures have been started. In a another case, as part of an ongoing investigation into a case involving counterfeit currency,…

12 Dec

Foreign Secretary Mr. Misri expresses concern over attacks on minorities

Business BureauBusiness

On an official visit to Bangladesh, Foreign Secretary Vikram Misri has met with Dr. Muhammad Yunus, Chief Advisor to Bangladesh's interim government, and Foreign Affairs Advisor Mohammad Touhid Hussain. During the meetings, Mr. Misri expressed concern over the ongoing attacks on minorities in the neighboring country. He conveyed that New Delhi seeks to build “positive, constructive, and mutually beneficial” relations with Dhaka. Arriving in Dhaka on Monday, Mr. Misri also held consultations with Bangladesh’s Foreign Secretary, Masud Bin Momen. The Indian Foreign Secretary reiterated India's desire to build a positive and constructive relationship with Bangladesh based on mutual trust, respect,…